Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 MIDFIELDS is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £200,000 in September 2023, which was around 5% below the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 MIDFIELDS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 2 MIDFIELDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2023 6 SEP | £200,000 | £209,746 | 5% below HPI |
2015 17 APR | £145,000 | £156,817 | 8% below HPI |
1997 17 OCT | £59,950 | £70,874 | 15% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 2 MIDFIELDS sales between October 1997 and September 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
2 MIDFIELDS is 91m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in School Aycliffe, and where 2 MIDFIELDS lies on this distribution: 6% of detached houses are smaller than 2 MIDFIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.
2 MIDFIELDS sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 2 MIDFIELDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 MIDFIELDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
2 MIDFIELDS is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 2 on MIDFIELDS.